Big Data and the Risks of Insider Trading

With the rise of big data on Wall Street, the following article, published in Bloomberg BNA’s Securities & Capital Markets Report on March 14, 2018, discusses the attendant risks of insider trading and how investment advisors can prevent–or, in the worst case, mitigate–liability for insider trading in connection with their use of big data. The article provides a hypothetical of an investment advisor purchasing and trading on big data, and it explores how the laws of insider trading could apply. The article then concludes with a list of best practices to prevent and mitigate the risks of insider trading in connection with big data.

Click here to read the article.

Contact Information

Peter Altman
Los Angeles
Kelly Handschumacher
Los Angeles